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Adam Putnam’s net worth now $8.7 million, report shows

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Agriculture Commissioner Adam Putnam, also a Republican candidate for governor in 2018, on Friday posted an $8.7 million net worth, according to his financial disclosure filed with the state.

Putnam’s form was received Friday by the Florida Commission on Ethics.

The latest filing shows Putnam’s worth rising incrementally from $7.2 million in his 2013 filing, the earliest still available on the commission’s website.

Assets include his 20 percent stake in Putnam Groves, his family’s citrus business in Bartow, valued at $2.9 million. He also listed his $260,000 house in Tallahassee and his Bartow home, valued at $174,000.

Putnam has interests in three other houses in Babson Park, Lake Wales and on Little Gasparilla Island, and owns “vacant land” six miles east of Lake Wales, according to the disclosure.

His “household goods and personal effects,” not required to be itemized, come in at over $162,000. Putnam also listed a number of investment funds and money market accounts.

A $105,000 mortgage is listed as a liability; the reports does not specify which property it is for.

He disclosed his state salary as $123,576 a year.

Earlier Friday, outgoing state Chief Financial Officer Jeff Atwater reported a $2.5 million net worth for 2016, as part of his annual financial disclosure statement. And Attorney General Pam Bondi has disclosed her most recent net worth at nearly $1.7 million.

Gov. Rick Scott had yet to file his disclosure for 2016 as of Friday afternoon. Last year’s filing showed his worth at over $119 million.

Before joining Florida Politics, journalist and attorney James Rosica was state government reporter for The Tampa Tribune. He attended journalism school in Washington, D.C., working at dailies and weekly papers in Philadelphia after graduation. Rosica joined the Tallahassee Democrat in 1997, later moving to the courts beat, where he reported on the 2000 presidential recount. In 2005, Rosica left journalism to attend law school in Philadelphia, afterwards working part time for a public-interest law firm. Returning to writing, he covered three legislative sessions in Tallahassee for The Associated Press, before joining the Tribune’s re-opened Tallahassee bureau in 2013. He can be reached at [email protected]

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